Uncovering investment candidates using financial analysis. Making sense of the myriad of financial data and turning it into actionable information.

Monday, January 21, 2013

Banking Sector Financial Analysis

The next financial analysis will focus on the U.S. banking sector. I was wondering what to focus on next and I decided on banks because of this article.

It says that Warren Buffett is bullish and banks are cheap. Well, we'll see for ourselves.

This financial analysis will go a lot faster than the last one, as I don't need go into the mechanics of each step. I also thought I'd cut to the chase by taking a look at the theoretical prices using ohlson's clean surplus theory right out of the gate.